Blog - Gerald Lawrence - General Manager, REALTOR®

Market Update

Interesting Change: See the July 2023 Real Estate Statistics for the Greater Toronto Area & Beyond!

GTA home sales, new listings, and home prices were up in July 2023 when compared to the same time last year. If you are interested to know how much your home is worth, enter the basic details by clicking this link and I’ll get a No-Obligation FREE Home Evaluation!
Property Update

Discover Your Dream Home in Oshawa, Ontario: A Kassigner Gem

Oshawa, Ontario – Nestled within the welcoming community of Oshawa, a hidden gem awaits, offering the perfect blend of comfort, convenience, and elegance. Introducing a superb Kassigner-built home that exudes charm and function, providing an idyllic family home for you and your loved ones. A Perfect Family-Oriented Location Located in a fantastic family-oriented area, […]
Market Update

Bank Of Canada Raises Overnight Interest Rates Again! – They are not done yet!

Bank of Canada raises policy rate 25 basis points, continues quantitative tightening FOR IMMEDIATE RELEASE Media Relations Ottawa, Ontario July 12, 2023 The Bank of Canada today increased its target for the overnight rate to 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is also continuing its policy […]
Market Update

June 2023 Market Stats – Lack Of Listings Led to Tighter GTA Market Conditions in June – TRREB

LACK OF LISTINGS LED TO TIGHTER GTA MARKET CONDITIONS IN JUNE TRREB Urges Governments to Accelerate Action on Housing Supply TORONTO, ONTARIO, July 6, 2023 – Home sales and the average selling price in the Greater Toronto Area (GTA) in June 2023 remained above last year’s levels. Seasonally adjusted sales dipped on a month-over-month basis. […]

Market Update Interesting Change: See the July 2023 Real Estate Statistics for the Greater Toronto Area & Beyond! GTA home sales, new listings, and home prices were up in July 2023 when compared to the same time last year. If you are interested to know how much your home is worth, enter the basic details by clicking this link and I’ll get a No-Obligation FREE Home Evaluation!

Property Update Discover Your Dream Home in Oshawa, Ontario: A Kassigner Gem Oshawa, Ontario – Nestled within the welcoming community of Oshawa, a hidden gem awaits, offering the perfect blend of comfort, convenience, and elegance. Introducing a superb Kassigner-built home that exudes charm and function, providing an idyllic family home for you and your loved ones. A Perfect Family-Oriented Location Located in a fantastic family-oriented area, […]

Market Update Bank Of Canada Raises Overnight Interest Rates Again! – They are not done yet! Bank of Canada raises policy rate 25 basis points, continues quantitative tightening FOR IMMEDIATE RELEASE Media Relations Ottawa, Ontario July 12, 2023 The Bank of Canada today increased its target for the overnight rate to 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is also continuing its policy […]

Market Update June 2023 Market Stats – Lack Of Listings Led to Tighter GTA Market Conditions in June – TRREB LACK OF LISTINGS LED TO TIGHTER GTA MARKET CONDITIONS IN JUNE TRREB Urges Governments to Accelerate Action on Housing Supply TORONTO, ONTARIO, July 6, 2023 – Home sales and the average selling price in the Greater Toronto Area (GTA) in June 2023 remained above last year’s levels. Seasonally adjusted sales dipped on a month-over-month basis. […]

Market Update Enter to Win a GIFT Card – June VIP Club

Property Update Embrace Tranquility and Convenience: A Closer Look at a Beautiful 2+2 Bedroom Open Concept Bungalow Introduction: Welcome to my blog post, where I invite you to explore the charm and elegance of a truly remarkable property. Nestled in a desirable location, this beautiful 2+2 bedroom, 3 full bathroom open concept bungalow offers a sanctuary of comfort and style. With its impeccable design and thoughtful features, it presents an opportunity for […]

Property Update Escape to Tranquility: Discover a Beautifully Appointed 3-Bedroom Home in McRae Beach Private Lake Community Welcome to this beautifully appointed 3-bedroom, 2-bathroom home situated on a quiet cul-de-sac, nestled on a 100 x 150 ft double lot that abuts a serene forest. Located in the sought-after McRae Beach Private Lake Community, this sun-filled home offers a delightful living experience. As you step inside, you’ll immediately notice the abundance of natural […]

Market Update Crunching The Figures: Navigating the Pros and Cons of Higher Interest Rates for Buyers in Canada Advantages of Higher Interest Rates for Buyers: Reduced Inflation: Higher interest rates can help control inflation by making borrowing more expensive. This can prevent prices from rising too quickly and maintain the purchasing power of consumers. Attractive Returns for Savers: Higher interest rates often lead to increased returns on savings accounts and fixed-income investments. Buyers […]

Market Update Lake Simcoe Retreat: A Serene Haven for Seasonal Bliss Introduction: Welcome to our blog, where we invite you to discover the enchanting beauty of Lake Simcoe and the perfect seasonal retreat it offers. Join us as we explore a charming bungalow that beckons you with its idyllic setting, modern features, and limitless potential for creating cherished memories. Let’s dive into the details of this […]

Market Update Embrace Serenity and Endless Potential: Discover the Extraordinary Estate in Sunderland Introduction: Welcome to a remarkable property that captures the essence of tranquility and presents boundless opportunities. Nestled in the picturesque town of Sunderland, this extraordinary estate spanning 225 acres is a sanctuary of natural beauty. With its abundance of features and expansive grounds, this property truly offers a lifestyle beyond compare. A Natural Paradise: As […]

Market Update April 2023 Market Statistics – Low Inventory, Lower Rates, More Buyers, Prices Improve! TRREB: GTA SALES AND PRICE CONTINUE TO IMPROVE WHILE LISTINGS REMAIN CONSTRAINED TORONTO, ONTARIO, May 3, 2023 – The Greater Toronto Area (GTA) housing market continued to tighten in April 2023. On a year-over-year basis, sales edged lower compared to April 2022, but new listings were down by more than one-third. Fewer listings relative to […]

Market Update Couchiching $$$ – Want to Live In a Lakeside Community Up North? Search for Waterfront Properties on Lake Couchiching in Ramara Lake Couchiching is a beautiful lake located in Washago, Ontario, Canada. It is part of the Trent-Severn Waterway, a 386 km long canal system that connects Lake Ontario to Georgian Bay. Lake Couchiching is approximately 16 km long and 5 km wide, and it has a […]

Property Update Cottage For Long Term Lease In Lakeside Community Looking for a stunning lakeside home with all the amenities and comforts you need? Look no further! This beautiful house, located on a quiet private road, is just steps away from the picturesque Lake Couchiching. Enjoy lakefront living at its best with direct access to the lake from across the road. Swim, sunbathe, or simply […]

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Market Update Good News For Buyers: Interest Rates Stay Unchanged – BOC Bank of Canada maintains policy rate, continues quantitative tightening FOR IMMEDIATE RELEASE Media Relations Ottawa, Ontario April 12, 2023 The Bank of Canada today held its target for the overnight rate at 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. The Bank is also continuing its policy of quantitative tightening. […]

Market Update Uxbridge Real Estate Update – March 2023 Real estate activity in Uxbridge, Ontario for March 2023 showed a slight decrease in the average selling price of homes compared to March of the previous year. The average selling price for a home in Uxbridge in March 2023 was $1,329,780, which is a 9.6% decrease from the previous year’s average selling price of […]

Industry Update Bill 97, Helping Homebuyers, Protecting Tenants Act (“HHPA”), 2022 Today, the Government of Ontario introduced new housing legislation – Bill 97, Helping Homebuyers, Protecting Tenants Act (“HHPA”), 2022. The HHPA is the latest in a series of steps the Province is taking to increase the housing supply and help more Ontarians find a home they can afford. Since 2015, TRREB has been a leading voice […]

Property Update JUST SOLD: 3+1 Beds, 3 Baths, 2-Car Garage on 1 Acre* . JUST SOLD 496 Centreline Road | Lindsay, ON K9V4R5 After only three-(3) days on the market, the property is now SOLD firm! Buying and selling a home can be a complicated and stressful process. You need a knowledgeable and skilled agent like me to assist you with the sale of your property or the purchase […]

Market Update Prohibition on the Purchase of Residential Property by Non-Canadians Act On January 1, 2023, the federal Prohibition on the Purchase of Residential Property by Non-Canadians Act and associated Regulations (the “Act”) came into force and effect. As the name suggests, the Act bans Non-Canadians, as defined by the Act, from directly or indirectly purchasing certain Residential Property in Canada for a period of two […]

Property Update Stunning Brick Bungalow with Fully Updated Kitchen, Finished Basement, and an Incredible Backyard Oasis Sitting On 1 Acre Near Pigeon Lake! If you’re looking for a cozy and spacious home in a peaceful neighborhood, this red brick bungalow with 3+1 bedrooms, and 3 bathrooms on a sprawling 1-acre lot with a finished basement is definitely worth considering. Located in the tranquil area of Downeyville, this property has a lot to offer with its impressive backdrop and […]